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Pricing

2022
Flag → Flag
Exports $140kRnk 86 / 157
2022
Flag → Flag
Top Product $70.7kEssential Oils
2022
Flag → Flag
Exports $327MRnk 96 / 219
2022
Flag → Flag
Top Product $120MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Jamaica-Turkey Trade: In 2022, Jamaica exported $140k to Turkey. The main products that Jamaica exported to Turkey were Essential Oils ($70.7k), Plastic Lids ($42k), and Hard Liquor ($21k). Over the past 5 years the exports of Jamaica to Turkey have decreased at an annualized rate of 8.6%, from $219k in 2017 to $140k in 2022.

In 2022, Jamaica did not export any services to Turkey.

Turkey-Jamaica Trade: In 2022, Turkey exported $327M to Jamaica. The main products that Turkey exported to Jamaica were Raw Iron Bars ($120M), Other Steel Bars ($78.2M), and Steel Bars ($36.5M). Over the past 5 years the exports of Turkey to Jamaica have increased at an annualized rate of 10.7%,  from $87.5M in 2017 to $327M in 2022.

In 2022, Turkey did not export any services to Jamaica.

Comparison: In 2022,  Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $140k to Turkey. The main products exported from Jamaica to Turkey were Essential Oils ($70.7k), Plastic Lids ($42k), and Hard Liquor ($21k). During the last 5 years the exports of Jamaica to Turkey have decreased at an annualized rate of 8.6%, from $219k in 2017 to $140k in 2022.

In 2017, Turkey exported $327M to Jamaica. The main products exported from Turkey to Jamaica were Raw Iron Bars ($120M), Other Steel Bars ($78.2M), and Steel Bars ($36.5M). During the last 5 years the exports of Turkey to Jamaica have increased at an annualized rate of 10.7%, from $87.5M in 2022 to $327M in 2017.

Exports from Jamaica (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
Turkey
Top DestinationGermany$21.9B

This map shows whether countries import more from Jamaica or Turkey. Each country is colored based on the difference in imports they receive from Jamaica and Turkey or the difference in the growth in imports.

In 2022, countries that imported more from Jamaica than Turkey included Antigua and Barbuda ($26.1M), Saint Lucia ($10.1M), and Grenada ($8.3M).

In 2022, countries that imported more from Turkey than Jamaica included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

Difference in imports from Turkey (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Turkey

Flow
Scale

This chart compares trade between Jamaica and Turkey by product, considering products traded by both, Jamaica and Turkey.

During 2022, Jamaica had a large net trade with Turkey in the exports of Chemical Products ($70.7k), Plastics and Rubbers ($42k), and Foodstuffs ($21k).

During 2017, Turkey had a large net trade with Jamaica in the exports of Metals ($272M), Plastics and Rubbers ($20.2M), and Machines ($12.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Turkey+$98.9kHard Liquor
Top Product Potential Turkey Jamaica+$2.89MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Jamaica and Turkey. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Jamaica.

Product Space of Jamaica (Flag) and Turkey (Flag) (2022)

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